Bread & Circus News

Tag: layoffs

  • Restaurants hurting bad and closing as food prices continue to soar…

    Restaurants hurting bad and closing as food prices continue to soar…

    Donald Trump started his inauguration off by saying we were entering the Golden Age. Since that time he has boasted repeatedly about how “the cost of everything have come down and Americans are enjoying a much higher quality of life than ever before” on his watch. But is that true?

    According to restaurants and bars, that is definitely not true.

    Many food and beverage establishments are struggling. Wholesale food prices are up 17%, beef is up 21%, produce is up 10% or more, and they aren’t hiring anymore. They are cutting hours and reducing food portion sizes in order to survive.

    Case in point. Just recently, my wife and I went to a breakfast joint in our neighborhood. I was shocked that the food barely even covered my plate. They had cut the egg and hash brown size by HALF. I paid $15 for a meal that didn’t even fill me. We said we would never go there again. Since then, I found out that many of my neighbors have decided the same. Sad.

    A growing number of businesses are hurting just as bad as they did during the pandemic or worse. Many are closing for good. Consumers are eating at home way more often now. And it’s all because of continuing inflation that Donald Trump has failed to make a priority of his admin.

    I can’t help but wonder if the situation would be different if Donald Trump actually focused on bringing prices down. Instead, he is focused on punishing universities, slapping massive tariffs on all kinds of businesses, more tax breaks for the ultra rich and investor class, suing and silencing his critics, AI, crypto, expanding his Trump empire, building data centers, and now making marijuana legal and readily available to everyone in every state (as if already dumbed down Americans need one more thing to numb and sedate them).

    Given Trump’s priorities, you could never convince me that this is a man for we the working class people. This is a man who is for the elite class. He is totally out of touch with the majority of American people and our needs, and everyone will feel the pain of his apathy and ignorance on an increasing basis —until people stand up and stay “enough!”

  • “CLANKER“ is the new slur for AI-powered robots

    In Star Wars, “clanker” is a derogatory term used by clone troopers and other Republic forces to refer to the battle droids of the Separatist army. The term is not meant to be a formal designation but rather a slur used to dehumanize the enemy. in our brave new world, people are using it to describe AI powered robots as seen in this video that has gone viral.

    The more important point here is that young people are getting increasingly angry at the robots and their soulless technocrat engineers who are replacing their jobs. It’s about time.

  • Gulp! Starbucks closing 90 locations by year end

    Citing tariff related economic factors, Starbucks has made the decision to close 90 locations by the end of the year. This will result in thousands of job losses.

    This follows news by Bloomberg and VantageScore that even top earners are falling behind on their car payments, credit cards, and even mortgage payments. Get this:

    “Upper-income Americans are increasingly falling behind on credit card and auto loan payments, signaling an underlying vulnerability in the US economy as the labor market slows.

    Delinquencies on such debts from those making at least $150,000 annually have jumped almost 20% over the last two years, faster than for middle- and lower-income borrowers, according to the credit-scoring firm VantageScore. A recent Federal Reserve Bank of St. Louis study found the share of people making late card payments in the highest-income zip codes has risen twice as much over the last year as in the lowest-income ones.”

    What does it all mean? as we’ve been reporting on our Facebook page for months now, we are by no means entering into any sort of “golden age.” When Trump took over, the economy was very fragile, despite reports to the contrary. His tariffs have put altremendous strain on American businesses who have had to absorb $150 billion in losses so far.

    As we have been predicting, American corporations are now taking drastic measures to stay alive, such as shrinkflation, store closures, product line cancellations, pay cuts, layoffs, job automation, and constant micro price cuts. American corporations are now officially in survival mode as our Americans, as consumer sentiment numbers reflect.

    Americans are deeply misinformed about the economy because they are not getting accurate information from the government and its growing number of media proxies and media outlets that are terrified of running afoul of the government. Stay tuned to this channel and we will keep you posted on everything you need to know.